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Media Report
September 19 , 2018
  • The Washington Post reports: "China's second-highest-ranking official delivered a confident message Wednesday amid the looming trade war with the United States: Beijing will survive. The remarks from Premier Li Keqiang to a crowd in the port city of Tianjin seemed directed at President Trump — without invoking his name — as fresh tariff announcements bring the United States and China closer to an all-out trade war. 'China's development over the past decades has always been achieved by overcoming all sorts of different obstacles and challenges,' he said. 'Each time, we managed to pull through.' Li spoke a day after Beijing pledged to immediately punch back at Trump's next round of tariffs on $200 billion in Chinese imports with levies on an additional $60 billion in American goods."
  • CNN reports: "Premier Li Keqiang told an audience of global executives and policymakers that China would not weaken the yuan to boost trade with the rest of the world.' China will never go down the path of stimulating exports by devaluing its currency,' Chinese Premier Li Keqiang said Wednesday. His comments came a day after the United States and China announced that they would impose their biggest rounds of tariffs yet on each other's exports, starting next week.That brings the value of goods hit by tariffs in the escalating conflict to more than $360 billion. President Donald Trump has threatened to hit another $267 billion of Chinese goods with tariffs."
  • New York Times reports: "One of the world's largest population centers was spared the worst when Typhoon Mangkhut swept through Hong Kong and the cities of the Pearl River Delta four days ago, but not this village in a remote peninsula that has become a destination for something still novel in China: surfing. When the storm hit the village, called Xichong, it created sea surges that dismantled sea walls upon which dozens of small shops, cafes and guest cottages stood. Wind gusts that reached 100 miles per hour shredded scores of coniferous trees that studded the scenic, crescent-shaped cove facing the South China Sea."

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